News

European Forex news roundup: Yen pairs continue to rise

• 15 October, 2021
• 3:45 pm EEST

European Forex news roundup: Yen pairs continue to rise Forex market news during the European trade session on October 15, 2021 It was a positive afternoon for risk trades, despite the fact that important headlines were few and far between…

Continue Reading

Turkey uses Azerbaijani gas to face the energy crisis with the onset of winter Through a deal to import 11 billion cubic meters for 3 years

• 15 October, 2021
• 3:06 pm EEST

Many countries, led by Turkey, are seeking to secure their natural gas needs by concluding agreements and contracts with producing countries, after gas prices in the spot market witnessed record increases during the recent period. In this context, the Turkish…

Continue Reading

Gold prices fall as the US currency rises

• 15 October, 2021
• 2:39 pm EEST

Gold prices fell, during trading on Friday, affected by the rise in the dollar index. The decline came after gold prices crossed the $1800 barrier during Thursday's trading, and the precious metal rose for the third consecutive session at the…

Continue Reading

Oil prices scale $85/bbl on back of supply deficit

• 15 October, 2021
• 1:05 pm EEST

Oil prices hit a fresh three-year high on Friday, climbing above $85 a barrel on forecasts of a supply deficit over the next few months as rocketing gas and coal prices stoke a switch to oil products. Brent crude futures were…

Continue Reading

As NA traders enter for the day, the NZD is the strongest and the JPY is the weakest.

• 14 October, 2021
• 3:49 pm EEST

As NA traders enter for the day, the NZD is the strongest and the JPY is the weakest. The USD is weaker as a result of "risk on" flows. The NZD is the strongest of the major currencies as the…

Continue Reading